Warren Buffett & Coca-Cola · Invest & Retire Community

Warren Buffett & Coca-Cola

The company beat earnings and revenue expectations for the first quarter, with adjusted sales rising 12% and organic revenue up 10%.
More importantly, management raised its full-year earnings outlook to 8.5% growth, while reaffirming organic revenue growth of 4.5%.
In February, Coca-Cola raised its quarterly dividend by 4% to $0.53 per share, bringing the annual payout to $2.12.
The increase continues a decades-long climb that has made the stock one of Warren Buffett’s most famous and loved income machines.
For Berkshire Hathaway, the dividend alone now pays back its original Coca-Cola investment roughly every two years.